Posts tagged credit card fraud

Here's some more fun out of Vegas, this time involving Jack Dorsey's Square and a little thing we like to call credit card fraud. Researchers from Aperture Labs (seriously) held two demonstrations at the Black Hat Conference. The first used a script, written by Adam Laurie, to convert stolen cred...

Credit card fraud costs the banking industry billions of dollars every year, and with companies yet to find an entirely secure system for processing payments online, there's no end in sight for unauthorized transactions. Jumio hopes to bring both security and convenience to the world of online pay...

On January 25th, The Register reported that one unlucky bloke saw his bank account emptied through a series of iTunes monthly gift purchases sent to an unknown Hotmail account. He was informed of the theft by an e-mail from Apple, saying his gift purchase had been confirmed, but alas, he'd already ...

A UK teen named Lamar Johnson has recently plead guilty to one count of conspiracy to defraud. His crime? It seems that he and his band (both in a musical sense and in a "Robin Hood" sense) used stolen credit cards to purchase something like $750,000 worth of their own music from both Amazon and th...